$117,500
●
Condo -
Off Market
7033 MCKAY DR #7
Jackson, MI 49201
2 Beds
2 Baths,
1
Half Bath
1,602 Ft²
$187,112
RealtyHop Estimate
59.24%
Since Oct 1, 2017
National-US
Primary Model
About This Property
Warm & comfortable best describes this darling condo. Turn
key & ready for you, with an updated kitchen & main bath.
Backs up to woods so you will enjoy warm summer days & cozy
evenings on the 12x24 private patio. Winter months will be
for snuggling by the gas fireplace inside. Excluded items:
valence in guest bedroom & kitchen as well as curtain in master
bedroom. Remaining window treatments stay.
Unit Size
1,602 Ft²
Days on Market
-
Land Size
-
Price per sqft
$73
Property Type
Condo
Property Taxes
$111
HOA Dues
$200
Year Built
1983
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Cap Rate Calculator
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 3 years ago (MichRIC MLS #21056864)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 11, 2020 | Sold | ||
| Sold | |||
| Jul 20, 2020 | Listed by RE/MAX MID-MICHIGAN R.E. | $129,900 | |
| Listed by RE/MAX MID-MICHIGAN R.E. | |||
| | |||
|
Cozy condo in the country. Enjoy this carefree living in wooded setting. This home boasts new paint, light fixtures in kitchen/dining area, and all new appliances in 2018. New flooring in living and upstairs bath. Features 2 Bedrooms, 1 1/2 baths with partially finished basement and gas fireplace in the living room. One car garage and a private 12x24 patio.
| |||
| Sep 28, 2017 | Sold | ||
| Sold | |||
| May 11, 2017 | Listed by ERA REARDON REALTY, L.L.C. | $117,500 | |
| Listed by ERA REARDON REALTY, L.L.C. | |||
Property Highlights
Garage
Fireplace
Parking Details
Parking Features: Attached
Interior Details
Bedrooms: 2
Full Bathrooms: 1
Half Bathrooms: 1
Interior Features: Ceiling Fans
Appliances: Built in Oven, Refrigerator
Has Fireplace
Fireplaces: 1
Other, Full
Exterior Details
Road Frontage Type: Private Road
Year Built: 1985
Parcel Number: 117-14-35-101-005-07
Zoning Description: Residential
Construction Materials: Vinyl Siding
Stories: 2
Sidewalk
Land Assessed Value: $0
Financial Details
Tax Assessed Value: $43,106
Tax Annual Amount: $1,327
Utilities Details
Heating Type: Forced Air, Other
Sewer Information: Public Sewer
Water Information: Well
Location Details
Association Fee Includes: Trash, Snow Removal, Sewer, Lawn/Yard Care
Association Fee: $200
Association Fee Frequency: Monthly
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
07/21/2020
| |
2 Bed
|
2 Bath
|
1152 ft²
|
$129,900
2 Bed
2 Bath
1152 ft²
|
-
-
|
-
|
|
07/20/2020
|
2 Bed
|
2 Bath
|
1602 ft²
|
$129,900
2 Bed
2 Bath
1602 ft²
|
$131,000
+0.85%
09/11/2020
|
SHARON NORTON
RE/MAX MID-MICHIGAN R.E.
| |
|
09/27/2019
| |
2 Bed
|
2 Bath
|
1152 ft²
|
$129,900
2 Bed
2 Bath
1152 ft²
|
-
-
|
-
|
|
07/13/2017
| |
2 Bed
|
1.5 Bath
|
1152 ft²
|
-
2 Bed
1.5 Bath
1152 ft²
|
-
-
|
-
|
|
05/11/2017
|
2 Bed
|
2 Bath
|
1602 ft²
|
$117,500
2 Bed
2 Bath
1602 ft²
|
$117,500
09/28/2017
|
CATHERINE RICE
ERA REARDON REALTY, L.L.C.
|
Building Info
About Jackson
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Listed by: CATHERINE L. RICE, ERA REARDON REALTY, L.L.C.
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 21056864
Information is deemed reliable but not guaranteed. Copyright 2026 MichRIC, LLC. All rights reserved. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 21056864
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